Bangkok: San Miguel Corp, the largest Philippine food and beverage company, may sell shares in its newly acquired beer firm in Thailand, becoming that country's first publicly traded brewer.
Vice-chairman Ramon Ang talked about a possible share sale yesterday in Bangkok, where he and chairman Eduardo Cojuangco received a permit from the government to allow San Miguel to produce beer in Thailand. Ang would not give a timetable or say how much San Miguel plans to raise from a share sale here.